Ord 47-2021 Adopting Tax Rate and Levying Taxes 2021-2022 09/21/2021 Ordinance No. 47-2021
Ordinance levying, assessing, and fixing the tax rate for the use and
support of the Wichita Falls Municipal Government and providing for
the Interest and Sinking Fund for the 2021-22 fiscal year; and declaring
an emergency
WHEREAS, the City Council finds that the City Council has performed all legal
prerequisites to increasing the tax rate as provided herein, in accordance with Texas Tax
Code § 26.05.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS,
TEXAS, THAT:
1. There shall be assessed, levied, and collected on all taxable property in the City
of Wichita Falls, Texas, for the year 2021 and following, to-wit:
$0.726565 on each $100.00 assessed valuation of all taxable property in
the City for the purpose of paying the general governmental operating
expenses of the City and for general improvements of said City and its
property. THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE
AND OPERATIONS THAN LAST YEAR'S TAX RATE. THE TAX RATE WILL
EFFECTIVELY BE RAISED BY 0.53% PERCENT AND WILL RAISE TAXES
FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY
APPROXIMATELY $3.83.
$0.034363 on each $100.00 of assessed valuation of all taxable property in
the City for the purpose of paying interest and principal for the redemption
of bonds legally issued by said City.
RECAPITULATION OF RATE
$0.726565 for Maintenance & Operations
$0.034363 for Interest and Sinking Fund
Total levy for 2021-22: $0.760928 per $100.00 assessed valuation of all taxable
property in the City. This tax rate is the same tax rate that was levied in the prior year.
2. There is also levied an occupation tax on every person, firm or corporation
pursuing any of the occupations named in the Charter, ordinances and general laws of
Texas as being subject to such a tax by cities, which shall be paid in advance; said
occupation tax shall be one-half (1/2) of the state tax for similar occupations.
3. The immediate need to continue the normal operation of the business of the City
creates an emergency and in order to protect the public health, welfare, and to preserve
the peace, this ordinance shall take effect immediately, and it is so ordained.
PASSED AND APPROVED this 21st day of September, 2021.
144—
MAYOR
ATTEST:
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City Clergy k
Times Record N
PART OF THE USA TODAY NETWORK
PROOF OF PUBLICATION
CITY OF WICHITA FALLS
Po BOX 1431
WICHITA FALLS,TX 76307
STATE OF WISCONSIN,COUNTY OF BROWN: .
On this September 14th,2021 AD,personally appeared
before me the undersigned authority for the Times
Publishing Company of Wichita Falls,publishers of the
Wichita Falls in Wichita County,Texas,and of general
circulation in said county,and upon being duly sworn
by me,on oath states that the attached advertisement is a
true and correct copy of advertising published in day
(1) issues hereof on the following date:
SEPTEMBER 14'1',2021
Subscribed and sworn to before me on September 14th,2021
Legal Clerk
Notary Public,S�t�1e�bTjWiscons�f:ounly of Brown
My commission expires
NANCY HEYRMAN
Notary Public
State of Wisconsin '
Publication Cost:$1,657.50 _» .00.=.F...,,.,0,,,...,,,,„, ,
Ad No:GCI0726735
Customer No:316837
PO#:PUBLIC NOTICE
NOTICE OF PUBLIC HEARING
ON TAX INCREASE
A tax rate of$0.760928 per$100 valuation has been proposed by the governing
body of City of Wichita Falls.
PROPOSED TAX RATE $0.760928 per $100
NO-NEW-REVENUE $0.718807 per $100
TAX RATE VOTER- $0.760928 per $100
APPROVAL TAX RATE
The no-new-revenue tax rate is the tax rate for the 2021 tax year that will raise the
same amount of property tax revenue for City of Wichita Falls from the same properties
in both the 2020 tax year and the 2021 tax year.
The voter-approval rate is the highest tax rate that City of Wichita Falls may adopt
without holding an election to seek voter approval of the rate.
The proposed tax rate is greater than the no-new-revenue tax rate.This means that
City of Wichita Falls is proposing to increase property taxes for the 2021 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September
21,2021 AT 8:30 AM ATCity Hall, 1300 7th Street,Wichita Falls,Texas 76301.
The proposed tax rate is not greater than the voter-approval tax rate.As a result,City of
Wichita Falls is not required to hold an election at which voters may accept or reject the
proposed tax rate. However,you may express your support for or opposition to the
proposed tax rate by contacting the members of the Wichita Falls City of City of Wichita
Falls at their offices or by attending the public hearing mentioned above.
YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE
CALCULATED
AS FOLLOWS:
Property tax amount=(tax rate)x(taxable value of your property)/100
FOR the proposal: Chenault Browning
Brewer Smith
Whiteley
AGAINST the
proposal:
PRESENT and not
voting:
ABSENT: Santellana Jackson
The 86th Texas Legislature modified the manner in which the voter-approval tax rate is
calculated to limit the rate of growth of property taxes in the state.
The following table compares the taxes imposed on the average residence homestead
by City of Wichita Falls last year to the taxes proposed to be imposed on the average
residence homestead by City of Wichita Falls this year.
2020 2021 Change
Total tax rate(per $0.763323 $0.760928 decrease of$-0.002395,or
$100 of value) -0.31%
Average homestead $135,810 $149,044 increase of$13,234,or
taxable value 9.74%
Tax on average $1,036.67 $1,134.12 increase of$97.45,or
homestead 9.40%
Total tax levy on all $40,886.501 $43,510,803 increase of$2,624,302,or
properties 6.42%
For assistance with tax calculations, please contact the tax assessor for City of
Wichita Falls at(940) 761-7462 or, or visit .www.wichitafallstx.gov for more
information.
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